Category: Technical Indicators for MT4

Modified VIX Fix

VIX (Volatility Index) – a ticker symbol implied volatility of S&P 500 calculated Chicago Board Options Exchange. VIX is a popular measure of market risk, as well as one of the best ways to measure the existing price depressions. Unfortunately, it exists only for S&P 500 …

The indicator VIX Fix Larri Vilyamsom was published in 2007. It synthesizes the volatility index VIX for any asset (not only the S&P). VIX Fix reflects the interest of investors in the future of the movement, where high indicators associated with price depressions. The influence of investor sentiment is amplified in the price troughs, so VIX and VIX Fix is ​​best suited to determine only depressions. Here, we present a modified VIX Fix, which includes the modification of the standard deviation and the Stochastic, Williams proposed in article 2007, releasing the depression and help you accurately find the entries in the transaction.

alerts

We’ve added alerts and email alert, are sent in determining the price depression period “Normal” VIX Fix (i.e., turquoise color histogram bars) and at the intersection of the signal line stochastic user upper and lower thresholds “Stochastic” VIX Fix (see screenshots). Information about the e-mail recipients and SMTP must be indicated in the MT4 settings before using e-mail alerts.

Options

VIX Type (Regular or Stochastic): Selecting one of the display types, normal VIX Fix (wherein the hollows are allocated using BB) or stochastic VIX Fix

Stochastic K period (if VixStochastic Type): the number of bars for the calculation of the line K stochastic VIX

Stochastic D period (if VixStochastic Type): the number of bars for the averaging calculation line D from the line K stochastic VIX

Turns on / off all alerts: Include (if true) or off (if false) all notifications. When choosing VIX conventional type, that is all that is required, it will include a warning on price depressions (turquoise histogram bars). When choosing the type VixStochastic, also need to select the type of alert(See options “For VixStochastic: …” below)

For VixStochastic: Alert when above upper threshold: When true alerts are delivered when the value of the stochastic VIX Fix will be above a certain upper threshold user

For VixStochastic: Upper alert threshold (Default = 80.0): A user-defined upper threshold for alert. This is an absolute value that automatically adapts to a negative value if Invert Values ​​= true.

For VixStochastic: Alert when below lower threshold: When true alerts are delivered when the value of the stochastic VIX Fix will be below a certain lower threshold, the user

For VixStochastic: Lower alert threshold (Default = 20.0): A user-defined lower threshold for alert. This is an absolute value that automatically adapts to a negative value if Invert Values ​​= true.

Turn on alerts message: If true, the update will appear in a popup window

Turn on alerts sound: When true beeping

Turn on alerts email: If true, the notification will be sent by email

Determination of the entry and exit points

Modified VIX Fix It defines the periods of market downturn, and stochastic modification VIX helps to detect an entry point (call). However, the VIX does not determine the exit point, as the indicator is best suited to determine the price troughs, not tops.

Modified VIX Fix well with fading trend indicators, such as the Fano Factor, for detecting the exit points and / or Relative Momentum Index to determine / confirm the inputs and outputs.

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WaveTrend Momentum Oscillator

WaveTrend Momentum Oscillator – a modification of the popular and convenient WaveTrend oscillator. WaveTrend Momentum Oscillator adds a component in the calculation of the rate of WaveTrend, to more quickly provide more accurate entry point in a trending market.

Do you prefer the original oscillator WaveTrend? WaveTrend Momentum OscillatorIt allows you to switch between the tempo and the original versions of the WT. They both provide valuable information depending on market conditions.

When WT lines are above the level perekuplennosti and intersect below the control line, it is a good signal to sell. When WT lines are above the level pereprodannosti and intersect above the reference line, it is a good signal to buy. Colored circles indicate the signals to buy and sell. Differences between WT and price movement may indicate an upcoming turn.

alerts

We added the sending of audio, pop-up and e-mails at intersections WaveTrend in overbought conditions (sell signal) and oversold (buy signal). Levels perekuplennosti pereprodannosti and selected by the user. Information about the e-mail recipients and SMTP must be indicated in the MT4 settings before using e-mail alerts.

Options

WaveTrend Type (Momentum or Original): Selection or tempo of the original type indicator WaveTrend

Calculation period (Default = 10): the number of bars to calculate WaveTrend

Averaging period (Default = 21): the number of bars for averaging WaveTrend

Momentum Length (Default = 4): the number of bars for the calculation of the rate of WaveTrend

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Price distribution 4

Price distribution indicator 4 – is the author’s realization of market profile indicator (Market profile). LED displays using graphical objects sharing rates on the vertical axis for a certain period of time. Quantitative measure in the calculation is the tick volume. The indicator is calculated on data timeframe M1. The indicator is updated when a new bar.

Input parameters

Period – Number of the last bars of the current timeframe for the calculation;

Indicator favorably follows

It allows the user to configure each signal model in accordance with the analysis results of the indicatorCandlestick Patterns Analytics;

The indicator can be used as a dial gauge advisors.

Description of the input parameters

Each candle model has a drop-down menu with a choice:

No_Use – Do not use the model;

Buy_Signal – To use the model as a buy signal;

Sell_Signal – To use the model as a sell signal.

Display Setting:

TextSize – size of the text on the chart;

TextColor – color of the text on the chart;

Alert – enabling / disabling alerts;

———- Candlestick Patterns ————- – settings separator;

AdvanceBlock_Down – model “repulsed the offensive”;

BeltHoldLine_Up – model “Capturing the belt”;

BeltHoldLine_Down – model “Capturing the belt”;

CounterattackLines_Up – model “Counterattack”;

CounterattackLines_Down – model “Counterattack”;

DarkCloudCover_Down – Model “The veil of dark clouds”;

Doji_Up – model “Doji”;

Doji_Down – model “Doji”;

Engulfing_Up – model “Absorption”;

Engulfing_Down – model “Absorption”;

EveningStar_Down – Model “Evening Star”;

Gap_Up – model “Window”;

Gap_Down – model “Window”;

GravestoneDoji_Down – model “Gravestone Doji”;

Hammer_Up – model “Hammer”;

HangingMan_Dowm – model “”;

Harami_Up – model “Harami”;

Harami_Down – model “Harami”;

InvertedHammer_Up – model “inverted hammer”;

LongLeggedDoji_Up – model “long-legged doji”;

LongLeggedDoji_Down – model “long-legged doji”;

MatHoldPattern_Up – model “Hold on the mat”;

MorningStar_Up – model “Morning Star”;

OnNeckLine_Up – model “at the neck line”;

OnNeckLine_Down – model “at the neck line”;

Piercing_Up – model “Clearance in the clouds”;

SeparatingLines_Up – model “Separation”;

SeparatingLines_Down – model “Separation”;

ShootingStar_Down – model “Shooting Star”;

SideBySideWhite_Up – model “Related white candles”;

SideBySideWhite_Down – model “Related white candles”;

StalledPattern_Down – model “Deceleration”;

TasukiGap_Up – model “Break tasuki”;

TasukiGap_Down – model “Break tasuki”;

ThreeCrows_Down – model “Three Crows”;

ThreeLineStrike_Up – model “Triple kick”;

ThreeLineStrike_Down – model “Triple kick”;

ThreeMethods_Up – model “three methods”;

ThreeMethods_Down – model “three methods”;

ThreeWhiteSoldiers_Up – model “three white soldiers”;

Tweezer_Up – model “Tweezers”;

Tweezer_Down – model “Tweezers”;

UpsideGapTwoCrows_Down – model “Two crows soaring.”

The use of indicators

The indicator allows the use of the indicator signals Candlestick Patterns Analytics without volumetric calculations and accordingly no load on the terminal.

The indicator is configured in accordance with the results of the report indicatorCandlestick Patterns Analytics.

For example, a certain candlestick patterns to a selected pair and timeframe gives a positive result in trading on the purchase, therefore, in the settings drop-down menu, choose the model “Buy_Signal”. Thus, you can configure any number of models.

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Abolk 701 Visual OpenClose

Visualizer on the schedule of opening / closing of market orders in the Strategy Tester.

settings:

_color_openBUY – for open order BUY – the color of opening arrow and line

_color_openSELL – for public order SELL – the color of opening arrow and line

_color_closeBUY – for a closed order BUY – the color of opening arrow and line

_color_closeSELL – for a closed order SELL – the color of opening arrow and line

_color_CLOSE – the color of the closing arrow

_trend_style, _trend_width – style and line thickness

_0magic – a unique number adviser warrants. You can draw the opening / closing is not all orders (for the instrument the chart), but only with the specified Magica. If -1, then all warrants drawn against any councilor. If 0, drawn manually open orders. If >0, drawn just order the appropriate advisor.

_ng – atomicity group orders. Magick in advisors and is often used to classify the orders within the advisor. For this to _0magic automatically added to the last few digits. _ng option and need to be “cut off” when searching counselor orders. Parameter _ng – is the coefficient which is divided Sorcere value (i.e., if the “clipped” single digit, then _ng = 10, if two, then _ng = 100).

IMPORTANT. Closed orders are read from the history (the “Account History” terminal). That is, if the story is filtered for a lesser period, then closed orders will not be found.

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Fractals ST Patterns

Indicator Fractals ST patterns It is a modified indicator Fractals Bill Williams, and allows you to specify any number of bars to find fractal. This simple indicator corresponds to the parameters ST patterns Strategy. Structural Target patterns at its core is the market itself, consistently divided into components. for the formation ST patterns We do not want the trend line, the geometric proportions of the model itself, trading volume and open interest in the market. They are easily recognized and are being built on the basis of the fact of penetration fractal levels and distances to the objectives. ST patterns removed from the market uncertainty inherent in the prior art graphic compositions and simplify the work of the trader.

A fractal is a set of two arrows – upwards (upper fractals) and down (lower fractals). Each fractal satisfies the following conditions:

Upper fractal – the maximum (high) signal bar is greater than or equal to the maximum of all the bars from a range of left and right;

Lower fractal – a minimum (low) signal bar is less than or equal to the minimum of the range of bars on the left and the right.